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On July 3, Iraq is making progress towards the production cuts implemented by OPEC+ by dropping crude oil exports in the month of june by 497,000 b/d with crude exports totaling 2.81 million b/d. The last time exports were this low was in October 2015, when exports totaled 2.7 million b/d.

Crude Exports In June Show OPEC+ Compliance

On July 3, Iraq is making progress towards the production cuts implemented by OPEC+ by dropping crude oil exports in the month of june by 497,000 b/d with crude exports totaling 2.81 million b/d. The last time exports were this low was in October 2015, when exports totaled 2.7 million b/d.

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